DOC vs WELL

Healthpeak Properties (DOC) and Welltower (WELL) compared side by side. Welltower (WELL) is larger, with a market cap of $171.0B versus $13.6B for Healthpeak Properties, about 12.5 times the size. On trailing earnings, DOC is cheaper at 55.0x versus 106.4x for WELL.

Head to head

MetricDOCWELL
Market cap$13.6B$171.0B
P/E (TTM)55.0x106.4x
Forward P/E137.5x74.2x
Revenue (TTM)$2.9B$12.8B
Revenue growth11.1%39.1%
Gross margin57.6%39.6%
Operating margin16.0%16.6%
Free cash flow$1.2B$2.9B
Dividend yield6.34%1.43%
1-year return+10.9%+36.8%
5-year return (annual)-5.8%+27.0%
Max drawdown-61%-63%
FI Handbook gradeC-D+

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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DOCWELL

DOC vs WELL FAQ

Which is bigger, DOC or WELL?

Welltower (WELL) is larger, with a market cap of $171.0B versus $13.6B for Healthpeak Properties, about 12.5 times the size.

Is DOC or WELL cheaper?

On trailing earnings, DOC is cheaper at 55.0x versus 106.4x for WELL. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, DOC or WELL?

WELL returned +36.8% over the past year including dividends, versus +10.9% for DOC, through October 23, 2026.

Which pays a higher dividend, DOC or WELL?

DOC yields 6.34% versus 1.43% for WELL.

Full pages: Healthpeak Properties · Welltower